The Europe Ethylene Propylene Diene Monomer Market is Estimated to Reach $1,559.86 Million by 2019 – A Report by MicroMarket Monitor The Ethylene Propylene Diene Monomer Market report analyzes the Europe Ethylene Propylene Diene Monomer market with respect to market drivers, opportunities, and trends in different regions.
Browse through the TOC of Europe Ethylene Propylene Diene Monomer Market for an analysis of industry trends, segments and forecasts.
The Europe Ethylene Propylene Diene Monomer market is significantly penetrating its end-use industries. EPDMs have different characteristics as per their manufacturing and application requirement in end products. The European region is expected to dominate this market with its increasing demand for ethylene propylene diene monomer in different applications, especially in the automotive, building & construction, plastic modification, tires & tubes, wire & cables, and lubricant additive industries, among others. The European market is estimated to witness a growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.
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Investments and expansions are a key strategy in this market. Manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of ethylene propylene diene monomer to match the new demands coming from various end-user industries.
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Europe is one of the largest regions, both in terms of volume and value, followed by North America. Germany and France are expected to persist as successful Ethylene Propylene Diene Monomer markets. Key players in the European Ethylene Propylene Diene Monomer market are Lanxess AG (Germany), Versalis SpA (Italy), Exxon Mobil Corp. (U.S.), Nizhnekamskneftekhim Inc. (Russia), and others.
The Ethylene Propylene Diene Monomer demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading European companies.
The market size of the European Ethylene Propylene Diene Monomer market was valued at $1,135.8 million in 2013, and is estimated to reach $1,559.86 million by 2019, registering a CAGR of 5.7% from 2014 to 2019. The high demand across the industries will increase the overall Ethylene
Propylene Diene Monomer consumption.
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